You guys get a little too pompous for yourselves.
The parameters that you are quoting - 1.5 x memory, were established in the W95 & 98 days when comps were getting by with 64-128 mb of ram.
Now with machines having 1 and 2 gigs of memory running XP , the pagefile is rarely used. It needs a little during boot, and again during downloads. Virtually all apps today use all memory for their temp storage.
For all of your sakes, check out Alex Nichols' article, "Virtual Memory in Windows XP" at aumha.org. A website where a few MS engineers contribute. Alex explodes the following two myths:
1. The file should be a fixed size.
2. The file should be 1.5, or even 2.5, times real memory.
Get over yourselves, before you slam somebody who really knows better than you. Guys like you are why I stopped posting.